Update 4:53 pm: Tech Insider is reporting the company has also sold off its UP inventory and will focus on “clinical-grade” devices in the future, although a representative for Jawbone told Quartz that the company is “not in any way” leaving the wearables business.

Correction (May 31): An earlier version of this post said that Jawbone had lost a lawsuit against one of its suppliers, which it couldn’t pay. The two companies settled and worked out a payment plan.

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